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BUSINESS REFERENCE : AB059 / RightBiz BRIDAL WEAR BOUTIQUE-LOCATION: SOUTH WALES-ASKING PRICE £185,000+SAV | | | | | | Bridal Wear Boutique Ref. no: AB059 Confidentially offered for sale Location: South Wales Asking price £185,000+SAV | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Cloths & Fabric Shops | | SALE: | Agent Sale | LEASEHOLD: | £185000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This highly successful bridal boutique is located in South Wales and enjoys a wonderful reputation for offering a professional service for brides, mothers of the bride and wedding guests who are looking for that special outfit for one of the most important day of their lives.
The wide range of bridal gowns including more than twelve top named bridal gown and evening wear manufacturers. The business also stocks a wide range of shoes to complement the chosen outfit.
The company was established by its present owner and has grown year on year ever since. This success has been based on setting and maintaining the highest standards of customer care, providing a wide range of gowns, veils, tiaras and accessories suitable for all tastes and styles, fulfilling the needs of not only the bride and her mother but also the groom and other key guests. This has resulted in a significant amount of new customers being referred by delighted clients.
The shop has a welcoming and relaxed atmosphere, the experienced staff is friendly, knowledgeable and attentive and give balanced and considered advice. The showroom is ideal for the discerning bride with a huge selection of gowns available to try on, with all alterations being carried out on the premises. There are private fitting rooms, large mirrors, a wonderful showing area and a stunning array of gowns, dresses and accessories. A huge collection of hats, veils, tiaras and accessories complement and complete everything required.
Growth and Expansion:
This business has an excellent market outlook; Bridal Wear is recession proof with brides-to-be and their parents and partners happy to invest on their outfits for the big day. With turnover in excess of £370,000 per year this is an excellent opportunity to acquire a very profitable business with the very best reputation and excellent growth prospects.
Customer Service:
This business offers an excellent and unparalleled level of customer service in a welcoming and relaxed environment. The staff are all aware of the importance of making the buying decision part of the preparations for the day itself. Nothing is too much trouble and clients are encouraged to take as much time as is required to come to the right decision.
Key Strengths:
This business prides itself on the excellent levels of service it provides. Every customer is made to feel very special and the business receives many letters of appreciation throughout the year. Such is the reputation of this business that brides-to-be and their relatives travel from all over the South West to choose their outfits for their special day. The boutique even has customers who have travelled from Scotland and Ireland.
Advertising and Marketing:
The business has built up a strong marketing base, providing an excellent foundation from which to grow. Its current advertising methods include radio advertising, trade and fashion magazines, trade shows and local papers.
The business has created an informative website, thereby affording the business far more exposure. The business also carries out two fashion shows per annum that has the effect of raising its profile and bringing in new customers. Ongoing growth will be achieved by building on this success.
Premises:
The character premises cover approximately 3000square feet in total and are situated within easy reach of the motorway network. A comprehensive CCTV security system has cameras in every room and is fully linked to Redcare. The reception area is supported by four well-decorated and beautifully appointed display rooms where tiaras and costume jewellery are tastefully displayed in a range of glass cabinets. In addition there are nine well-lit changing rooms with mirrors and an alteration room where any necessary changes can be made. The reception area also acts as a rest area for clients to relax while considering the choices available to them. There is an admin office a general room and two store rooms. An ample parking area is located adjacent to the showroom.
The premises will be available on a leasehold basis the terms of which will be agreed as part of the negotiations
Financial Information:
The business is being offered for sale on a going concern basis, to include the use of the brand name. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The business is financially stable with sales revenue exceeding £370,000 per annum.
Employees:
The store currently employs a full complement of experienced staff.
Reason for Sale:
The sale of this business is a rare opportunity to purchase a renowned, well-established, prestigious bridal and mother of the bride ladies boutique. This business, which has a reputation that is second to none is highly profitable, extremely successful, and a professionally run operation. After a long and successful career the owner has decided to retire due to ill health.
Support and Training:
Our client is happy to provide training for a period of time to be negotiated prior to the sale.
Business hours...
Monday: 9:00am-5:00pm
Tuesday: 9:00am-5:00pm
Wednesday: 9:00am-5:00pm
Thursday: 9:00am-5:00pm
Friday: 9:00am-5:00pm
Saturday: 9:00am-4:30pm | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | AB059 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
